Laserfiche WebLink
<br />INFORMATIONAL <br />NOTICE OF DEPOSIT <br />CITY OF ROSEVILLE, RAMSEY <br />COUNTY, MINNESOTA <br /> <br />NOTICE IS HEREBY GIVEN that for the payment of the principal of and interest on the certain <br />maturities of outstanding bonds designated below there have been deposited in trust with Wells Fargo Bank, in <br />Minneapolis, Minnesota, as Trustee for the holders of such bonds and coupons appurtenant thereto, obligations <br />of the United States of America (the "U.S. Obligations"). According to calculations made by the City Finance <br />Director, the projected payments to be received from the U.S. Obligations are adequate to pay the principal and <br />interest on the bonds and the coupons appurtenant thereto, as such bonds and coupons become due at their <br />stated maturity. The bond issue affected is as follows: <br /> <br />CERTAIN <br />MATURITIES <br />OF <br />OUTSTANDING <br />PRINCIPAL <br /> <br />$8,045,000 in <br />principal amount <br />maturing in the <br />years 2003 to 2006 <br /> <br />ISSUE <br /> <br />General Obligation Tax <br />Increment Refunding <br />Bonds, Series 1998 <br /> <br />DATE OF <br />ISSUE <br />March 15, 1998 <br /> <br />ISSUER <br /> <br />City of Roseville, <br />Minnesota <br /> <br />THIS NOTICE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT REQUIRE THE <br />SURRENDER OR EXCHANGE OF THE ABOVE-DESIGNATED BONDS. ASSUMPTION PRIOR <br />TO MATURITY MAY STILL OCCUR. MONEYS FOR THE PAYMENT OF THESE BONDS TO <br />SCHEDULED MATURITY HAS BEEN ESCROWED, BUT THIS NOTICE DOES NOT IN ANY <br />SENSE PRECLUDE THE CITY FROM EXERCISING IN THE FUTURE ITS OPTION TO REDEEM <br />AND PREPAY THE BONDS PRIOR TO THEIR MATURITIES. <br /> <br />CITY OF ROSEVILLE, MINNESOTA <br /> <br />/tM lied <br /> <br />Neal Beets, City Manager <br /> <br />1335783vl <br />